Nav Jeevan Shree - Single Pay (Table 911)

Withdrawn

This plan is no longer available for new policies. Existing policyholders continue to be serviced.

Plan Name

Nav Jeevan Shree � Single Premium (911)

Product Summary

Non-linked, non-participating, individual, single-premium endowment plan with guaranteed additions and life cover.

Date of Launch

4 July 2025 (close-ended sale up to 31 Mar 2026)

Premium Payment Term

Single premium (one-time payment)

Policy Term Options

5 to 20 years (in whole-year steps)

Minimum Age at Entry

30 days (completed)

Maximum Age at Entry

Option I: 60 yrs nbd | Option II: 40 yrs nbd

Minimum Sum Assured (BSA)

Rs 1,00,000

Maximum Sum Assured

No limit (underwriting) � POSP/CPSC overall SA-on-Death cap Rs 25 lakh

Death-Sum-Assured Options

Option I � 1.25 _ Tabular Single Premium OR BSA (higher); Option II � 10 _ Tabular Single Premium

Guaranteed Additions

Rs 85 per Rs 1,000 BSA, credited at the end of every policy year for the full term

Maturity Benefit

Basic Sum Assured plus all accrued guaranteed additions, if policy in force at maturity

Death Benefit

Sum Assured on Death plus accrued guaranteed additions (full year). For minors before risk start: refund of single premium (taxes/extras excluded).

Riders Available

LIC�s Accidental Death & Disability Benefit Rider and LIC�s New Term Assurance Rider (not available via POSP-LI / CPSC-SPV). Combined rider premium � 30 % of base premium.

Surrender Value

Surrender any time after cheque realisation. Higher of Guaranteed SV (75 % then 90 % of net single premium) or Special SV.

Income-Tax Benefit

Premium eligible under Sec 80C; maturity/death proceeds usually tax-free under Sec 10(10D) (subject to prevailing rules).

Proposal Form

Revised Forms 300 / 340 / 360 (Rev 2025) or KFD-cum-Proposal (POSP-LI / CPSC-SPV)

UIN (quote in docs)

512N390V01